The Central Bank of the Russian Federation has not ruled out raising the key rate in December
The Central Bank of Russia does not rule out raising the key rate at its meeting in December.
Deputy Chairman of the Central Bank Alexey Zabotkin reported that the rate of price growth remains high.
Despite this, the final decision of the Bank of Russia will depend on the economic situation in the last months of the year, RBC reports.
Zabotkin noted that inflation has remained at a high level over the past two months.
In this regard, the regulator confirms the need for a strict monetary policy.
However, according to him, even a signal about a possible rate increase does not mean its automatic acceptance.
At the December meeting of the Central Bank, the board of directors does not rule out considering the possibility of further raising the rate.
At the same time, the Central Bank predicts that the record for investments in the Russian economy will be maintained next year.
